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Search Results 0 to 29 of about 30 (some duplicates have been removed)
the wealthiest men in america, merchants, among them, john hancock, yes, thee bold john hancock on the declaration of independence whose name is synonymous with signature. long before that, he was arguably the wealthiest merchant banker in america living on beacon hill with a commanding view of the massachusetts landscape and sea scape. far from espousing individual liberty, hancock and his fellow merchants in new england, governed their businesses and communities with economic ruthlessness that often left their competitors homeless and penniless. like today's tea party movement, the colonial tea party had almost nothing to do with tea. tea was nothing more than a social beverage for wealthy women. men seldom draping it, and it ranked below ail and rum among beverages americans consumed most. the tea party movement that sparked the american revolution actually began 20 years earlier in the 1750s and 1760s when new england business leaders like today's tea party supported a costly government war, but refused to pay higher taxes to cover the cost of that war. the war had started i
. there is no debt crisis in the united states of america and europe, and there is no such thing as the debt crisis in my own country, which is nevertheless being consumed by debt. you know the joke about balloonist. the balloon has been blown off isrse, and at some point they no such thing as a debt crisis. manage to gain control of the balloon and lower it above a farm. the farmer comes out and looks up at the balloon and one of the balloonists says, excuse me, sir, where are we? and the farmer says, you are in a balloon. the balloonist says, he must be an economist. precisely accurate, and hopelessly useless. [laughter] we have a doctor here amongst us. imagine if you had a terrible case of a cancer patient in acute pain, and your diagnosis was, the person is experiencing a pain crisis. it wouldn't be useful. debt is a symptom of 2008, to be precise. it is what happens when a financial implosion begins on wall street, and then all sorts of dark forces break out, break loose, and they start dismantling the economic and social fabric of the world. these awful events happen once every hundred years
: but this is a historic reversal. look i've been in america 40 years and started out in san francisco 40 years ago and back in those days, there was always a net migration into california, significant numbers. california gained tens of millions of people over my time in america, but that just recently has been completely reversed. now there's a net leaving of people. and that's historic in america, that's historic. >> it is historic. it is historic because you come here, as i said for the weather, but that's it anymore and there's no promise of a future. don't promise that you're going to be able to put down your stake and really do something with it. look at the head of facebook, one of the partners left not only the state of california, left the united states of america because of the taxes going on in this state and in the united states of america itself. so, again, there's no incentive to stay in the state because you were so punished, if in fact you do have the state. if you're a young couple trying to raise a family into the public school system and the public school system is in the tank an
there is a great middle out there that makes of america. the more we reflect the middle, the better off our committee will be and i think the service we provide will be better. >> what gives you that hope? >> a lot of people are recognizing the pathway we are on will not help. more and more members are talking with me where we discuss with one another how we can improve the place. i hear it almost every day. i encourage it. >> there are people who believe partisanship is a good thing because ideology and the direction of the country moves in the way they want. for example, people have come in with the tea party. what do you think of these hyper-partisan groups outside of the congress that attempt to exert their influence? >> one of the more fascinating experience i have had involves a gathering. my first meeting a couple years ago, with tea party types. my staff was concerned about this new group. i said, give me their telephone numbers. i invited them to our session. they were there that evening to express their concern about health care being nationalized and taking over that piece of the
. >> so in other words, as much as churchill loved america, america loved churchill. >> absolutely. and that really is what this exhi business is all about. >> churchill was a great reader and writer of history. he engaged with history. and that's with american history just as much as european history. >> so the bromance between fbr and winston is one of people's favorite stories in the second world war. and here it is, a present from roosevelt to churchill in his 70th birthday. what exactly is it. >> these are lines by abraham lincoln that roosevelt will sent churchill for his 70th birthday and a wonderful inscription where he has written at the bottom for winston on his birthday, i would go even to-- to within him again. >> and church sill someone who lived by his pen. his whole career is underpinned by writing. >> he actually rarely put pen to paper himself. so what is the significance of this typewriter you have in the exhi business. >> are you absolutely write. churchill favorite method of working was by dictation. and this is what was then a state of the art silence typewrite
there that makes of america. the more we reflect the middle, the better off our committee will be and i think the service we provide will be better. >> what gives you that hope? >> a lot of people are recognizing the pathway we are on will not help. more and more members are talking with me where we discuss with one another how we can improve the place. i hear it almost every day. i encourage it. >> there are people who believe partisanship is a good thing because ideology and the direction of the country moves in the way they want. for example, people have come in with the tea party. what do you think of these hyper-partisan groups outside of the congress that attempt to exert their influence? >> one of the more fascinating experience i have had involves a gathering. my first meeting a couple years ago, with tea party types. my staff was concerned about this new group. i said, give me their telephone numbers. i invited them to our session. they were there that evening to express their concern about health care being nationalized and taking over that piece of their personal life. they were no
, physical consistency. i will focus on bans of america and arguments can certainly be in other cases. i will argue the five most prominent arguments in favor of banning of a gurkha automating consistency in ways that favor majority practice -- the idea of equal respect for all people from which this spring as. all cases of what might turn to the christian tradition against itself called cases of seeing demoting your brother's eye while failing to appreciate the large plank in your own eyes, all target situations alleged to be present in muslim communities failing to note their ubiquity in the worst form in the majority culture. let's look at how each is treated with equal respect. first, is an argument that holds security requires people to show their face when appearing in public places. a second closely related argument which i will treat with that says that the argument of transparency, it says the kind of transparency and reciprocity proper to relations between citizens is impeded by covering part of the face. what is wrong with both of these arguments is they are applied totally in
. >> why can't you be a made in america company? >> you know, this i found, as a matter of fact, the engine in here is made in america. and not only are the engines in here made in america, but engines are made in america and are exported. the glass on this phone is made in kentucky. so we have been working for years on doing more and more in the united states, next year, we will do one of our existing mac lines in the united states. >> you can see the entire interview with tim cook tonight on rock center, that's 10:00 eastern time on your local nbc station, but for now investors are watching the market. apple shares 5.31, which is close to the main lows. this is close to the next s support level on the stock and really catching a lot of people by surprise. >> it's a fiscal cliff decline. this is the greatest capital gains generator of our lifetime. i would love to see what the gains are going to be next year. but i would be saying you need to sell it. we have no idea where the capital gains are going to go, we're going to go over the fiscal cliff, what do you have to lose, the rates are go
newman on the november jobs report and a discussion about public health in america with national institute of allergy director. washington journal begins live each morning, 7:00 a.m. eastern on c-span. >> we have had these explosions of knowledge in medicine but we have not coordinated care, and all these services we have end up having so many cracks that the cracks are as harmful as the diseases that we're treating, and you got to step back and ask, are we hurting people overall? on a global level, what are we doing sometimes? and of course, now we've got these reports saying, 30% of everything we do may not be necessary in healthcare? when we step back 30% of all the medications we prescribe, the tests we order, the procedures, this is something i think which is for the first time really being called out as a problem. >> dysfunction in the u.s. health care name. by unaccountable" on c-span 2. >> writer institute. i think a writer's institute is very important within the culture. we are a culture of words, of voices, words are key to our imagination, our capacity to envision thi
didn't have enough in our operations, that we didn't have enough in asia and latin america, africa and the middle east and europe. some some of our clients have got 40%, 45%, 50% and they benefit as a result. the other part of it is i wish we had not just one-third of our operations in digital here on cnbc and that we had, let's say, 40%, 45% there, too. the pattern you'll see in 2013 is meets ya, application to our business and we specifically are going to get people to work more and more together in order to deliver more effective and efficient advertising and communications for our clients. >> if you have any regrets, share them with us here. >> never have regrets. >> learn from it. yeah. >> louisa will help you learn from it. e-mail your regrets into the show. we'll examine just where oil prices might be headed in 2013. >>> president obama calls congressional leaders to the white house today. >>> a lackluster trading week of the yurp, ewe european equity markets are scheduled to post double digit results for 2012. >> italy is expected to see solid demand when it sells up to 6 b
was prohibited in america, al capone and the gangsters existed. and all that money went into the underworld. people were being arrested for drinking alcohol. they were being put in prison. the united states realized that was not a sensible option, and the moment they legalized it, the taxes went into health and education. people stopped getting arrested and put in prison. the underworld went away. you know, i think the global drug commission believes that if you take the same approach to say something like marijuana, it's likely to work. what they're saying is that let certain states experiment with it. let's see what happens. we don't believe that, you know, the health issues of the public will be any worse than they currently are, because people could readily get marijuana any way, almost anywhere. >> let's talk about your expertise in space. what is your next big adventure? are you still intent on going to space and leading space tourism? when does that happen? >> i said i wanted to get high, didn't i? >> you want to get high, real high. >> i want to get real high. we're very, very close
that. republicans are holding hostage the middle class in america so that the wealthy don't have to pay their fair share. it is the republicans who are willing to let millions of americans rely upon an informant and insurance, to have that ended for them in just a few short days, people who have been out of work for over six months. republicans are holding them also. it is a manufactured crisis. what we are here to say is, first of all, i hope all of you agree with me, but no deal is better than a bad deal. no deal is better than a deal -- >> we'll take you back to the capitaol now. live coverage on c-span. >> yeah, right here. right here. right here, trust me, right here. [captions copyright national cable satellite corp. 2012] [captioning performed by national captioning institute] if we get a deal, who will supply the champagne? >> republicans. they have all the money. >> are all watching somewhere. >> there's one. >> i am going to look for -- back.e rigtht >> senator mccain? can i talk to you out here for a second? [laughter] >> can we quote you on this? >> a man walks up to a podiu
. the two sons traveled all over the world, including to america, across europe and asia. and ultimately it came to no avail. .. >> it was 20 years after a very bloody partition, and it was a time in government that was a time of great possibility. the country's first constitution was written in 1973. the last land reform you had done were carried out in that period. you had an incredibly progressive government. i just came from england doing a talk there, and it was in the 1970s that marital rape or earlier was considered a crime, but it was something, like, 1984 before the united king dome deemed marital rape a crime. there was a progressive period, not to say it was without fault. certainly, it was made, errors made, grievance ones, in his time. there was the first ever islamic conference, and it was a source of great pride for pakistanis, and they were asked to open up their homes for delegates combing from all over the world, open their home, and make space for them. they had to open their homes because many came uninvited, and there was a substantial entourage that required more sp
>>> a pleasant hello. i'm kelly wright. welcome to a brand new hour inside america's news headquarters. >> heather: i'm heather childers. topping the news this hour, new york police say they now have a suspect in custody in the death of a man who was shoved in front of a speeding subway train. what police say she told them about the incident, including an apparent motive. will she be charged with a hate crime? details ahead. >> kelly: plus, a wounded warrior walking again inside an amazing new medical body suit. you got to see this, that would make ironman proud. >> heather: and 'tis the season to pop some corks and celebrate the new year. "consumer reports" is here with the best tasting sparkling wines that won't leave you starting out 2013 already in debt. >> kelly: good to see you. >> heather: good to see you. >> kelly: first, we begin with the latest developments in an 11th hour scramble to prevent serious tax hikes and spending cuts that would potentially send the u.s. into another recession. we don't want to see that a. right now senate leaders are trying to assembl
investment in the americas and in europe will sep accelerate. >> well, i wonder, too, if it's not a move reflecting concern about the health of chinese companies. we've seen what happens with the shanghai xos xwrit. if you're a chinese firm, why not try to put some of your commodities abroad? >> i think you make a point with the shanghai composite. we were discussing earlier on how i think actually you're going to see a trend improvement in 2013 in chinese equity markets and i think they are today one of the cheapest equity markets in the world and there is a whole number of reasons why you should increase your chinese asset now. >> okay. japanese brewery sontori are reportedly looking to add bourbon whiskey to their tab. they were looking at making an offer for the u.s. listed group beam. a little early in the morning to be looking at maker's mark. but japanese companies have been on an m&a spree for the year. nozomu kitadai has more. >> overseas m&a deals by local companies have reached the highest level in more than two decades. according to preliminary figures by m&a advisory firm re
squabbling and come up with a compromise that will help put america's fiscal house in order. >> are both parties determined to go over the fiscal cliff together? let's bring in our washington correspondent for more on this. what can you tell us about the meeting coming up in less than an hour? what will the president talking about with the republican leadership? >> there are only six people who really know what is going on, and what will really happen at the white house, and they will not talk, but i expect them to talk about higher taxes for the wealthy. are the republicans willing to accept that? they will also talk about entitlement spending cuts. are the democrats willing to accept that the government will spend less money? if this is the case, then they might find common ground. one important issue, of course, is going to be the members of the tea party. they are saying compromise is a bad word. of course, it will be difficult for them to find a compromise, to bring them into the boat. >> we had the meeting today. we have the special session on sunday. do you expect a compromise, or
of america's most famous modern generals. and more claims and successes who were involved in messier campaigns. he was himself the son of an army general, was a decorated vietnam veteran and commanded u.s. ground forces in the 1983. he was diagnosed with prostate cancer, was treated then campaigned to raise awareness of the disease. >> that's nick charles reporting there on stormen norman who died at age 78. this year has seen the arrival of a whole wave of films which are geared towards older audiences, one. films with older characters have been doing well around the world, especially in britain and the u.s., as tom brook reports from new york. >> it's a trend, old people in movies. next month there's a film called "quartet" set in a retirement home starring several british actors. meryl streep and tommy lee jones both succeeded in "hope springs" in what's being called a mid life romantic comedy. then, there was the best exotic mari gs gold hotel. it's been very profitable. the cost is $10 million to make and it's taken many more than $130 million around the world. the film was seen
. america reelected barack obama to get the economy moving. history will judge him as a good president or not if he's able to get the economy moving. but i want to point one thing out tos a i've said before, this is the new barack obama 2.0. he's taking his he is message to the american people. he will not sit around and let the republicans litigate and relitigate things or let the chattering class of washington determine his destiny. he'll rally support and put the pressure on all of congress, not just the republicans, but democrats, as well. >> is that the freedom that a second term president gets, right? >> well, it's the freedom when you try to work with the republicans and frankly some of the democrats, as well. you can't blame all the republicans. some of the democrats didn't want to move on the entitlement issues and they'll have to move. so this is obama 2.0. a much more engaged, a much more activist president. you series bringing a business community in, community leaders, small business, not for profit. he'll be much more engaged in this second term. >> morris, on this issue,
on hits to latin america. and adp to paris is lowering its growth target for 2015 as lower traffic .lower economic projections since the summer are now affecting its prospects, down 6%. so, again, whether it's a fiscal cliff or generally speaking with, the message this morning is fairly weak. take a look at the bond space note. moving into gilts, moving out of italy and spain, but as we've been saying, 4.5% or under that and about 5.3% for spain aren't bad considering. t thor row/dollar is weaker. most of the risk currencies are moving lower. euro/dollar down by .3%. sterling is weaker against the dollar. we're seeing the dollar generally up. the dollar/yen here up .4% for the yen. so we've seen some significant weakening as the bank of japan trying to combat deflation. but today, a pause in that move. joining us now with plenty more on the asian trade, diedra. >> it's not the end of the world, but it is pretty ugly out here in asia. markets were headed towards some gains today and then all of a sudden we did get that fiscal cliff set back. the nikkei 225 dropping a percent. you can see t
impact of latino generation. panelists include former white house advisor to latin -- latin america, executive director of the latino partnership for conservative principles, and arizona state university professor rodolfo espinoza. this event is two hours. >> good morning. we will go ahead and get started. welcome to the wilson center. this is, as you well know, a place where public policy and a research me to bring together the world of ideas with your world a policy action. very happy to have our director of the latin-american program. and of course, very pleased that this is an event we are co- sponsoring with immigration works that did most of the work for this. the president of emigration works really put the panel together, as well as very proud to co-concert arizona university. i want to acknowledge a senior scholar at the woodrow wilson center. and many other good friends here. good to see dan and rubber co and many others at the woodrow wilson center. there is no doubt the latino vote was important past election. we did not know how important this would be when we started t
. regulators are set to issue heavy fines this week. reuters suggest that authorities in america, britain and possibly japan will fine the swiss bank in excess of $1 billion for its part in the fixing of the rate. carolin rejoins us with more on this story. >> hey there, ross. if you believe press reports from swiss daily over the weekend, that fine could be much more than just $1 billion. it was suggested it could be $1.5 billion swiss francs or $1.6 billion. that would be a massive fine if that's confirmed and it would be much, much higher than what analysts had anticipated. three times the amount that barclay's paid over the summer and remember that ubs cooperated quite closely with authorities over the last two years and received conditional immunity from some of the regulators. that's why analysts believed that the fine would be considerably lower than that which barclay's paid. it does suggest that ubs may be the worst offender. as pat of the deal, according to a couple of press reports, ross, this is quite interesting. it says that ubs will even admit to criminal wrongdoing in its
predict america will go back into a recession. >> here's what will happen starting tomorrow. income taxes would increase $2,400 a year for families with an annual income of $50,000 to $75,000. their social security taxes would also go up on average $1,000 a year. and some 2 million jobless americans stand to lose their fed caleral unemployment benefits. in all, the congressional budget office says going over the cliff could cost the country more than 3 million jobs in 2013. we begin our coverage with nancy cordes on capitol hill. good morning. >> reporter: good morning. the senate is set to reconvene in about an hour. we're told negotiations progressed well last night, that the vice president is now heavily involved and that the two sides have moved significantly towards one another on the top issue, which is tax cuts. but the big question is whether they can make it the rest of the way before tonight's deadline. senators filled the halls sunday hoping they'd have a deal to vote on, but just before 6:00, the senate leader sent them home. >> there's still significan
. he urges "washington politics" to not get in the way of "america's progress." meanwhile, in the republican address, missouri senator roy blunt says the nation can avoid going over the fiscalbama and the democratic- controlled senate work with republicans to solve the problem. >> the senate has approved a 60-point-4 billion dollar emergency spending package for hurricane sandy recovery. the measure, which was backed by democrats, now heads to the house. meanwhile, republican leaders favor a smaller aid package to pay for immediate sandy recovery needs, saying they need more time to consider any additional aid. >> sandy battered the east coast in late october. it was the most costly natural disaster since hurricane katrina in 2005. >> a connecticut attorney is asking permission to sue the state for 100 million dollars on behalf of a student who survived the mass shooting in newtown. the attorney says the 6- year-old student, identified as "jill doe," was in her classroom at sandy hook elementary school on december 14th when suspected gunman adam lanza opened fire. lanza ki
be the biggest concern for the united states of america, if it spreads across boundaries and al qaeda of the islamic maghreb will be a continuing problem throughout africa. thank you very much. >> senator isakson i'm always thankful for your partnership and the way our staffs work together for these hearings. forgive us, it is past left vending our appointed hour. all your testimony, your written testimony will be submitted for the record. there were several or the senators who expressed real interest in this hearing today but due to their sqed us were unable to join us. i will leave the record open for a week which will allow senators to address questions to any of our witnesses and take some actions going forward. i'm grateful for the support of efforts that made it possible for us to get a grateful discussion of many challenging issues facing the united states in the region and in mali. thanks for joining us. dr. dr. fomunyoh and miss dufka and thank you for your testimony today. we're grateful for your testimony and with that this hearing is adjourned. >> the labor department toda
of america when he was arrested? >> he was krosting the border. >> ten feet away from america? >> or less. >> his friend was released but johnny was brought to this jail in matamoras, mexico. his parents were told the jail is largely controlled by mexican drug cartel members. a few nights after he was imprisoned his parents got a call from someone threatening to kill their son unless they paid money. >> to then he said i have your son. he said, i'm going to f him up. he said, i already have. for some stupid reason my response was oh, no. i'm going to call the consulate. and he put johnny on the phone, and i just -- i couldn't believe it. i just -- then i realized, i was like, oh, my god. i really thought he wasn't in the prison. i thought someone has taken him out of the prison. i just couldn't conceive of this going on in a government facility. >> olivia, what did johnny tell you. >> he said, mom, you need to do whatever they say. he said, they're really serious. >> they never heard tfrom the caller again, although the u.s. consulate has known about this from the beginning they kept the
? >> this is a normal process. new destinations for lastin america, korean nations, they have been improving in the last year or so. so that doesn't mean that europe is not -- europe is still the destination destination worldwide. >> ohio does it work out on the global net? i'm wondering whether the pie getting bigger has meant the european number stays the same. >> europe is still increasing, but now we have to -- >> it's getting bigger. >> exactly. >> right. okay. so we're not losing out. >> it's just interesting that the euro not being weaker is the largest issue regarding tourism. it doesn't look like that's in the cards. >> a weak euro is very good for our overseas travelers. they're coming to europe and especially the usa and canada are troubled a lot. which is very, very good. >> where is the money coming from? >> the usa and canada, we will now have to focus in brazil and china, which are emerging economies. >> and, james, do you find it at all encouraging if there's a balancing away from the european sector in europe? is it something that needs to happen or is it still going to remain on positi
about the u.s. treasury markets and how low yields are across the curve. high yield, corporate america, still around 6.5% and loans are around 5% and a more short duration assets. she should be trading at the higher end of the market. >>> when when we talked to david tepper, he said equities are the better value at this point. would you agree with that? >> yeah. i think if we get past this fiscal plan, all likelihood is next year will be a positive year. think about what can drive equity returns next year, it will be more about multiple expansion. he think there will be some leverage growth. where are you going the drive equity returns will be if multiples increase and really drive equity valuations. the high yield market in a lower growth stable market is going to get you good, stable returns with a lot less volatility. we do like some equities here, but we also like the credit markets and the loan markets. >> kevin, why doebts you weigh in on where things stand right now. we know what the fed is doing at this point. if washington gets its act together and we see some sort of an agree
Search Results 0 to 29 of about 30 (some duplicates have been removed)